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SOLD

3/1-9 Mareeba Way, Craigieburn, VIC, 3064

Properties / Sold / Victoria / Craigieburn

Tenanted Investment

1. Property Summary

Selling Method

For Sale

Selling Details

DEADLINE PRIVATE SALE closing 29TH JUNE 2023

Land Area

85 m² (*approx)

Floor Area

85 m² (*approx)

Property Type

Retail

Sub-type

Strip Retail

Terms

12 years to 19 July 2027

Est. Income

$56,650 p/a

Fully Leased

Dili Bakehouse

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2. Property Highlights

LONG TERM SECURE INVESTMENT

Located in the centre of a popular neighborhood convenience centre on the corner of Windrock Avenue, a main arterial between Craigieburn Road and Grand Boulevard.

Securely leased long term to bakery tenant, Dili Bakehouse, who has been in occupation since 2009.

- Building Area : 85 sqm
- Net Rental : $ 56,650 per annum
- Lease Term : 12 years to 19 July 2027
- Options : 6 years + 3 years
- Reviews : 4% annually
- Popular neighborhood convenience centre and immediately next door to Chemist Warehouse.

Exciting opportunity in the booming northern growth corridor.

DEADLINE PRIVATE SALE closing 29TH JUNE 2023

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Property Type

Retail

Sub-type

Strip Retail

Est. Income

$56,650 p/a

Tenant

Dili Bakehouse

Terms

12 years to 19 July 2027

Land Area

85 m² (*approx)

Floor Area

85 m² (*approx)

Selling Method

For Sale

Selling Details

DEADLINE PRIVATE SALE closing 29TH JUNE 2023

2. Property Highlights

LONG TERM SECURE INVESTMENT

Located in the centre of a popular neighborhood convenience centre on the corner of Windrock Avenue, a main arterial between Craigieburn Road and Grand Boulevard.